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Showing 111 - 120 of 147 results for "Barack"

Market Wrap - Morning

AAP  |  THURSDAY, 18 JUN 2009
... YORK - US stocks ended mixed in volatile trade as the credit rating and outlook of 22 banks were lowered and President Barack Obama unveiled financial regulation reform plans. Market action began after the Labor Department said its consumer price index ...

Budget me a recovery

BENJAMIN ONG  |  MONDAY, 4 MAY 2009
... reduced spending and raised income taxes of high wage earners to bring the budget back in balance. In 2009, US President Barack Obama promised to halve the deficit by the end of his first term. Part of his plan to do this? Raise income taxes on those ...

Danger, Will Robinson!

BENJAMIN ONG  |  THURSDAY, 23 APR 2009
... the 'future' was a vague period of time when Riccardo published his theory, Darling's future is next year. US President Barack Obama's future is also definite. Earlier this year, he announced this plans to cut the US budget deficit in half by the end ...

Back to the drawing board

BENJAMIN ONG  |  TUESDAY, 31 MAR 2009
... years of car-making - GM was founded in 1898, Chrysler in 1925 - will be history. Following the decision, US President Barack Obama declared that GM and Chrysler "must produce plans that would give the American people confidence in their long-term prospects ...

We are the world

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2009
... Australia - is contingent on the recovery of the US banking sector. And especially not after the British press gave the Big Os (Barack and Michelle) a drubbing after their beloved PM Gordon Brown's tit (no not the sexy one) -- a pen holder crafted from ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAR 2009
... close of 806.34. With no major economic data on tap, the market was digesting gains from Monday's euphoria after President Barack Obama's administration announced a public-private sector program to help the ailing banking system recover from massive ...

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
... million in extra pay. How do they justify this outrage to the taxpayers who are keeping the company afloat?' US President Barack Obama might be regretting that he did not nationalise American International Group - which is turning out to be the greediest ...

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
... spent and how the ballooning budget deficit will ultimately be repaid. Here, the exit strategy presented by US President Barack Obama is worth watching as it would serve as a template for other government when it comes time to pay their dues. Among others ...

Baracking for the US

BENJAMIN ONG  |  THURSDAY, 26 FEB 2009
... we will rebuild, we will recover, and the United States of America will emerge stronger than before." While US President Barack Obama's words garnered applause and a standing ovation from both Democrats and the Republicans in the US Congress, Wall Street ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
US President Barack Obama is bringing David Riccardo back from the dead. When the US unveiled its first bailout acronym - TARP -- for the financial sector TARP - last year, I wrote about a theory taught us budding economists called the 'Riccardian equivalence.' ...